Silver Futures Prices Increase as Traders Buy

• Silver futures rose Rs 26 to Rs 1,12,262/kg on MCX due to increased participant positions.
• September silver contracts saw a 0.02% increase with a turnover of 18,706 lots.
• Despite the MCX rise, silver traded lower at USD 37.36/ounce in New York.

New Delhi, Aug 5 (PTI) Silver prices on Tuesday increased Rs 26 to Rs 1,12,262 per kilogram in futures trade as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for September

delivery appreciated Rs 26 or 0.02 per cent at Rs 1,12,262 per kg in a business turnover of 18,706 lots.

Fresh positions built up by participants led to a rise in silver prices, analysts said.

However, silver was trading 0.13 per cent lower at USD 37.36 per ounce in New York. PTI ANU ANU